Mar 31, 2004
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.95 to $4.75.
The split itself did not change the total investment value.
HIGHCOM GLOBAL SECURITY INC (OTC:HCGS) operates in the Medical specialties industry.
HIGHCOM GLOBAL SECURITY INC company overviewHIGHCOM GLOBAL SECURITY INC's most recent stock split was on March 31, 2004. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
HIGHCOM GLOBAL SECURITY INC (OTC:HCGS) has split its stock 2 times: a 1-for-15 reverse split on October 2, 2003 and a 1-for-5 reverse split on March 31, 2004.
HIGHCOM GLOBAL SECURITY INC has split its stock 2 times. This history records 2 reverse splits between October 2, 2003 and March 31, 2004.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In HIGHCOM GLOBAL SECURITY INC's 1-for-5 reverse split on March 31, 2004, every 5 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
HIGHCOM GLOBAL SECURITY INC has not announced a new split in our records. Its most recent split was on March 31, 2004, 22 years ago. Companies announce splits in advance, and any new OTC:HCGS split will appear on this page.